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20121005
20121005
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rate is the lowest since president obama took office. karen travers is in washington with the impact. >> reporter: could this be a game-changer in the presidential race? for the first time in nearly four years the unemployment rate fell below 8%. unlike previous months when the rate dropped because people gave up looking for work. this was due to substantial increase in employment. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president: today's news certainly is not an excuse to try to talk down the economy to sre a few political points. it is a reminder that this country has come too far to turn back now. >> reporter: mitt romney responded to the jobs report, this is no
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